Business

Market regulator Sebi on Thursday proposed changes to the price discovery mechanism through call auction sessions for IPOs and re-listed stocks, seeking to improve price discovery and address concerns around artificially suppressed pricing, PTI reported.In a consultation paper, Sebi suggested revising the methodology used for determining the base price of re-listed stocks.Under the proposal, if … Read more

US stock markets moved lower on Thursday extending recent losses as a rebound in oil prices and rising Treasury yields renewed pressure on equities despite another strong earnings performance from Nvidia, AP reported.The S&P 500 slipped 0.4 per cent and was on course for a fourth decline in five sessions after recently touching a record … Read more

Car buyers will have to pay more from next month as Maruti Suzuki India on Thursday announced a price increase of up to Rs 30,000 across its vehicle portfolio from June 2026, citing inflationary pressures and a persistently adverse cost environment, PTI reported.In a regulatory filing, the country’s largest carmaker said the exact increase would … Read more

The Trump administration is awarding grants to a group of quantum computing companies, including IBM, in exchange for equity stakes in some of them, deepening Washington’s push to support sectors viewed as critical to domestic supply chains and technological competitiveness, Reuters reported.The move expands the administration’s strategy of taking ownership positions in companies considered strategically … Read more

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (Sebi), and the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs have signed a Memorandum of Understanding (MoU) to strengthen corporate governance, ESG frameworks and capital markets in India.According to the Ministry of Corporate Affairs, … Read more

The rupee ended higher on Thursday snapping a two-week losing streak after strong intervention by the Reserve Bank of India (RBI) helped support the domestic currency, though elevated oil prices and geopolitical risks continued to cloud the outlook, Reuters reported.The rupee settled at 96.20 against the US dollar, up 0.6 per cent from its previous … Read more

China’s new supply chain control regime is emerging as a potential challenge to India’s ambitions of positioning itself as an alternative global electronics manufacturing hub, with industry players reaching out to the Centre seeking support, ET reported.According to people aware of the matter, Beijing introduced the curbs in April as part of efforts to strengthen … Read more

Union commerce and industry minister Piyush Goyal on Thursday addressed concerns around the rupee’s decline, the widening current account deficit (CAD), and shared updates on the progress of the proposed US-India trade deal.Goyal said the Centre was actively considering several measures to contain further pressure on the CAD, while stressing that different arms of the … Read more

NVIDIA delivered record-breaking first-quarter FY27 results, with revenue soaring to $81.6 billion on the back of strong demand for its data centre business and AI-related offerings. The company reported an 85% jump in revenue from the same quarter last year, while quarterly revenue also grew 20% sequentially, driven largely by continued expansion in its data … Read more

Prime Minister Narendra Modi’s recent five-nation visit has helped India secure an investment pipeline worth nearly $40 billion, with several multinational firms committing fresh investments and expansion plans across key sectors.PM Modi held meetings with chief executives and senior representatives of over 50 global companies during the tour, covering sectors such as semiconductors, logistics, infrastructure, … Read more